BC RS

OMG you made a killing Akshay
I am so happy for u

More from Learner Vivek Bajaj

More from Rs

#RS is an indicator which helps in finding strong stock or index in the market.

This learning thread would be on
"๐™๐™จ๐™š๐™จ ๐™ค๐™› ๐™๐™š๐™ก๐™–๐™ฉ๐™ž๐™ซ๐™š ๐™Ž๐™ฉ๐™ง๐™š๐™ฃ๐™œ๐™ฉ๐™"

Shared some strategy.

Like๐Ÿ‘ & Retweet๐Ÿ”„for wider reach and for more such learning thread in the future.

1/22

Most of us would confuse it with Relative Strength Index (RSI) but Relative Strength is a different indicator.

We have already covered about "Uses of RSI" in below thread๐Ÿ‘‡
https://t.co/oTOrW7joNI

One can go through this if you haven't.

2/22


Now coming to Relative Strength (RS).

It is basically a strategy used in momentum investing which shows strength or weakness between two asset classes (two stocks, index, commodity).

One can read about this in below

As of now, I am using this indicator on .@tradingview platform.

It's free and one can add it in their Tradingview account as well, using this link๐Ÿ‘‡
https://t.co/FxCjJFsNOG

There are multiple variants in this as well. Some traders use multiple time frame RS.

4/22

RS basically compares returns of one stock/index with the returns of benchmark stock/index at a particular time horizon.

Let's say, I want to analyze TCS and Benchmark Index is Nifty.

5/22

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